9 o Å : 2 z...2015 ¤12 831 È 1lö f ` à+ y w ¼ y#u y w 6 [ f1,´ É £ ¾. Ê Ç ¼@ aÞ...

1

8 7

2016

16 03

136610

10

2016 9 8

/ /

618

2

“ ”

2016 “ ” “16 03”

2015

AA 2015 12 31

1,220,790.35

1,213,166.48 27.63%

2013 2014 2015

171,264.16 214,149.95 239,061.20

208,158.44

1.5

3

1995 11 2 226,723.5501 226,723.5501 8 7 8 7 100193 010-62802295 010-62802299

2018

04 24

60003876-6

[2001] 93

2001 3 29

75,719,550

%

1 41,323,944 54.575

4

2 22,659,075 29.925

3 7,571,955 10.000

4 3,407,380 4.500

5 757,196 1.000

75,719,550 100.000

1. 2005 7 2004

Infoexcel Group Limited 18,929,888

94,649,438

2. 2010 7 2010

120,000,000

214,649,438

3. 2012 1 19 2012

8,375,200

223,024,638

4. 2012 4 19 2012

1,893,939 1,262,626 1,262,626 757,575

228,201,404

5. 2012 5 25 2012

2,020,202 631,313

230,852,919

6. 2012 8 11 2012

1,350,000 802,000

233,004,919

7. 2012 10 22 2012

5

5,050,505

238,055,424

8. 2013 1 18 2013

1,786,204,682 1,761,944,576

2,000,000,000

9. 2014 7

2014 762

2,614,802,803 95.61% 2014

9 5 95.61%

10. 2014 11 3 2014

3,179,296,476.62

267,235,501 2,267,235,501

11.

“ ”

“ ” “ ”

2014 1

“ ”

2015 12 31

2.2

6 2016 1 8

40% 881647,834.35 30,135,086.66

2016 2 5

60%

1,322,471,751.53 45,202,630.00

2016 2 19

6

2,243,722,860 98.963%

2016 3 31

A 600485

1

A 600485

2000 8 16 292,374.28

2014 9

McWiLL

7

2015 12 31

1

416,719,228.46 45,338,371.50 371,380,856.96 - 371,380,856.96

59,389,964.57 31,959,596.75 31,561,196.04 - 31,561,196.04

16,544,773.25 4,243,876.30 14,196,024.89 - 14,196,024.89

53,687,397.41 33,635,726.89 29,328,983.24 - 29,328,983.24

546,341,363.69 115,177,571.44 446,467,061.13 - 446,467,061.13

2

7,200,000.00 1,487,684.97 5,712,315.03 5,712,315.03 -

ISP 800,000.00 135,849.06 664,150.94 - 664,150.94

13,570,775.09 6,186,029.87 7,384,745.22 - 7,384,745.22

89,648,034.80 88,017,527.38 1,630,507.42 - 1,630,507.42

19,928,956.93 5,107,511.65 14,821,445.28 - 14,821,445.28

131,147,766.82 100,934,602.93 30,213,163.89 5,712,315.03 24,500,848.86

2015

2015

357,421.65

190,125.82

186,858.90

-201,376.30

1,221,783.32

1,753,511.16

8

2

5

10

1

2014-10-14

10

0

2 (Hong Kong Skyrizon Holding Limited)

2014-10-17

100

100

3 (Skyrizon Holding Co., Ltd)

2014-9-1

50,0001

4

2012-9-14 50

5

2013-4-25 100

6

2013-4-25 100

7 (HongKong ChamPower Co., Ltd)

2014-10-8

1

1

8 HongKong TiCrown Media Co., Ltd

2014-10-8

1

1

9 2012-8-20

1

1

10 Southeast 2009-9-15 2,000

9

Asia(Cambodia) Agriculture Development Group Inc.

11 Skyrizon Aircraft Holdings Limited 2013-5-31

50,000

1

12 Nicaragua Development Investment Limited

2012-11-22

5

0.02

13 HKND Group Holdings Limited 2012-11-7

5

0.001100

14 Nicaragua Development Holdings 1 Limited

2012-11-9

5

0.01

15 Nicaragua Development Holdings 2 Limited

2012-11-9

5

0.01

16 Nicaragua Project Holdings Limited 2012-11-13

5

0.01

17

Nicaragua Development Intermediate Holdings (Netherlands) Coöperatief U.A.

2012-12-28

18

Nicaragua Development Holdings (Netherlands) Coöperatief U.A.

2012-12-19

19

Nicaragua Development Holdings (Netherlands) B.V.

2013-1-2 0.01

20

Nicaragua Project Holdings (Netherlands) Coöperatief U.A.

2012-12-20

21 Nicaragua Project Holdings (Netherlands) B.V.

2012-12-28 0.01

22

Nicaragua Infrastructure Development Coöperatief U.A.

2013-3-21

10

23 Nicaragua Infrastructure Development B.V.

2013-3-25 0.01

24

Empresa Desarrolladora de Grandes Infraestructuras S.A.

2012-11-20

10,000

Nicaragua Development Holdings 2 Limited

Nicaragua Development Holdings 2 Limited

25 HKND Group Management Limited 2014-3-6

1

1

26 NDI Holdings Limited 2014-3-21

5

0.01

27 NDC Investment Limited 2014-3-28

5

0.01

28

Nicaragua SP 1 Holdings (Netherlands) Coöperatief U.A.

2014-12-8

29 Nicaragua SP 1 Holdings (Netherlands) B.V.

2014-12-9 0.01

30 Compañía Desarrolladora Latinoamericana S.A.

2013-1-24

10,000

Nicaragua Development Holdings 2 Limited

Nicaragua Development Holdings 2 Limited

31 Desarrolladora de Sub Proyecto 1, Sociedad Anónima

2014-11-25

10,000

Nicaragua Development Holdings 2 Limited

Nicaragua Development Holdings 2 Limited

11

32

2015-6-12 1,000

33

2015-6-12 1,000

34

2015-6-12 100

35

2015-6-12 100

36

2010-4-8

1,000

37

1996-9-17 3D 500

38 China Oversea Security Group

2015-12-14 200

39

2015-10-22 10,000

40

2015-12-21 400,000

41

2016-05-10 1,000

42

2016-05-10 1,000

McWiLL McLTE

2013 2014 2015 2016 1-3

2016 1-3 2015 2014 2013

12

90,584 82.73% 328,240 96.01% 300,937 96.87% 228,398 96.84% 18,685 17.07% 10,613 3.10% 8,165 2.63% 3,655 1.55% 94 0.09% 2,444 0.71% 1,491 0.48% 3,559 1.51% 125 0.11% 571 0.17% 64 0.02% 230 0.10% 109,487 100.00% 341,868 100.00% 310,657 100.00% 235,842 100.00% 5,495 28.10% 29,073 84.65% 19,724 86.98% 11,365 78.43% 13,955 71.37% 4,214 12.27% 2,300 10.14% 1,518 10.48% 19 0.10% 862 2.51% 632 2.79% 1,582 10.92% 85 0.44% 195 0.57% 20 0.09% 26 0.18% 19,554 100.00% 34,345 100.00% 22,677 100.00% 14,489 100.00% 85,089 94.61% 299,167 97.28% 281,213 97.65% 217,033 98.05% 4,730 5.26% 6,399 2.08% 5,865 2.04% 2,137 0.97% 75 0.08% 1,582 0.51% 859 0.30% 1,977 0.89% 39 0.04% 375 0.12% 44 0.02% 204 0.09%

89,933 100.00% 307,523 100.00% 287,981 100.00% 221,351 100.00% 93.93% 91.14% 93.45% 95.02% 25.31% 60.30% 71.83% 58.47% 79.70% 64.72% 57.61% 55.55% 31.55% 65.79% 68.75% 88.70%

82.14% 89.95% 92.70% 93.86%

235,842 310,657 341,868

109,487 2014

310,657 31.72%

McWiLL

2016 1-3 109,487

McWiLL

14,489 22,677 34,345

19,544

221,351 287,981 307,523

13

89,933

93.86% 92.70% 89.95% 82.14%

1

2016 3

76.48 1

2

2013-2015 2016 1-3 -112,887.17

86,518.21 -199,718.55 -320,622.41

3

2013-2015 2016 3 351,092.44

534,970.17 746,017.93 717,421.08 2016 3

681,415.14

4

1 7.48 2016 3 31 1 =6.4612

14

2013-2015 2016 3 167,495.14

277,710.49 312,783.04 413,173.17

92.11% 83.67% 67.11% 67.00%

5

2013-2015 2016 3 180,307.35

203,781.52 405,848.07 488,612.65

28.52% 15.49% 24.06% 25.77%

1

2

2013-2015 2016 1-3 235,841.13

310,657.57 341,867.73 109,487.26

97.72% 97.54% 96.76% 99.64%

3

15

2016 3 91,339.32

19,200.00

154,000

SIF Telecom Cambodia limited

2,500

4,166.39

34,501.72

1400000177439 140000188823

2016 3

69,400.97

Russwill Telecom limited

110,541.48

Russwill Telecom limited

65,528.07

68,466.89

Lamericom International Co,Ltd.

46,861.34

Lavia Investment Company limited

4,323.16 Innovaciones

16

Technologicas,S.A.

4

2013

1

2

McWiLL

1

2009 9

17

( )

BWA

2

18

2015 9 23

2015

2015 10 9

2015

2015 12 17 [2015]2965

20 20

1 2016

16 03 136610

2 20

10

3 100

4 5 3

5 3

30

3

2

6

3

19

5

3

7

6.65%

8

3

3 2019

8 8

9 2016 8 8

10

11 2017 2021 8 8

1

12

13 2021 8 8

1

2019 8 8 1

20

14 AA

AA

15

16

17

18

19

20

21

22

23

2015

24

21

2016 9 8

“16 03” 136610

“ ” AA

134610

www.chinaclear.cn

22

2013 2015 2016

1-3 2013 2015

2016

2013 2014 2015

2014 110ZA1485

2015 110ZC3837 2016 110ZA4666

2016

2013 2015 2016

2013 12 31 2014 12 31 2015 12 31 2016

3 31 2013 2014 2015 2016

1-3

2016 3 31 2015 12 31 2014 12 31 2013 12 31

717,421.08 746,017.93 534,970.17 351,092.44

- - - -

12.92 330.00 - 200.00 488,612.65 405,848.07 203,781.52 180,307.35 33,869.50 31,179.41 32,471.35 8,362.27 215.85 216.93 204.42 203.68 - - 300.00 -

247,035.62 17,096.09 10,014.61 18,899.41 65,726.76 49,245.64 37,730.64 24,726.74

- - - -

23

- - - - 92,922.69 182,601.87 257,907.52 5,611.78 1,645,817.07 1,432,535.93 1,077,380.22 589,403.67 - - - -

1,165.44 1,165.44 2,522.61 2,495.69 - - - -

- - - - 195,789.13 195,800.01 191,139.46 133.50 - - - -

28,019.30 27,715.76 27,098.98 25,948.16 16.89 16.83 - - - - - -

- - - - - - - -

- - - - 1,748.22 1,817.55 3,013.28 1,543.52 244.54 127.95 1,150.00 -

- - - - 1,411.55 1,533.41 1,087.03 1,229.16

21,541.95 26,138.84 12,503.24 11,464.38 - - - - 249,937.03 254,315.80 238,514.61 42,814.41

1,895,754.10 1,686,851.72 1,315,894.83 632,218.08

100,820.28 102,105.38 161,378.79 94,407.63

- - - -

- - - - 18,663.18 20,010.99 24,916.25 6,295.55 24,547.42 2,667.28 1,121.25 673.79

542.20 463.03 420.27 402.34 6,896.11 27,986.00 51,794.70 9,654.10 9,286.09 4,234.50 1,612.51 1,172.68 26,957.28 26,957.28 27,069.71 27,069.71

4,460.59 7,358.59 9,397.01 6,819.33 - - - -

21,000.00 21,000.00 - 21,000.00 200,000.00 100,000.00 - - 413,173.17 312,783.04 277,710.49 167,495.14 -

- - - - 49,587.50 - 43,884.50 -

24

1,500.00 1,500.00 3,500.00 2,000.00 - - - -

- - - 2,000.00 - - - - 5,826.90 5,756.90 5,433.24 8,338.41

6,616.99 6,021.43 1,374.08 2,004.90 140,000.00 140,000.00 - - 203,531.39 153,278.33 54,191.83 14,343.31

616,704.56 466,061.37 331,902.32 181,838.45 226,723.55 226,723.55 226,723.55 200,000.00

408,214.60 408,214.60 408,214.60 9,145.35 - - - -

744.16 848.53 -77.84 -143.16 - - - - 16,951.78 16,951.78 9,874.05 11,902.77

617,471.63 560,428.02 337,312.39 228,996.86 1,270,105.72 1,213,166.48 982,046.75 449,901.82

8,943.82 7,623.87 1,945.77 477.81 1,279,049.54 1,220,790.35 983,992.51 450,379.63

1,895,754.10 1,686,851.72 1,315,894.83 632,218.08

2016 1-3 2015 2014 2013 109,487.26 341,867.73 310,657.57 235,841.13 19,554.00 34,344.71 22,676.77 14,489.44

925.22 8,607.64 4,443.56 1,107.35 3,161.14 37,083.22 10,515.99 19,028.15 11,759.07 47,578.18 40,014.97 22,562.11 10,949.85 -10,880.91 191.06 -132.05

3,940.29 22,149.07 -7,341.54 15,345.72 (

“-” - - - -

( “-” 941.72 11,940.69 -3,972.42 774.48

52.34 4,660.55 -4,694.04 -89.99

( “-”

60,139.40 214,926.52 236,184.33 164,214.88

9,634.95 59,081.39 9,493.50 30,035.22 - 0.63 1.26 -

0.70 40.85 1,418.89 444.78 - 12.40 11.88 75.04

25

( “-”

69,773.65 273,967.06 244,258.95 193,805.33

12,318.81 29,226.14 28,641.03 22,631.34 ( “-”

57,454.84 244,740.92 215,617.91 171,173.99

57,043.61 239,061.20 214,149.95 171,264.16 411.23 5,679.71 1,467.96 -90.17

744.16 925.72 65.32 -138.96

745.06 926.37 65.32 -138.96

- - - -

745.06 926.37 65.32 -138.96

- - - -

745.06 926.37 65.32 -138.96

-0.90 -0.65 - -

58,199.00 245,666.64 215,683.24 171,035.03

57,788.67 239,987.58 214,215.28 171,125.20

410.33 5,679.06 1,467.96 -90.17

2016 1-3 2015 2014 2013 25,895.98 178,805.97 407,416.59 99,084.02

9,478.18 102,469.89 14,255.79 29,607.99 41,437.71 23,451.24 11,643.94 148,861.40

76,811.87 304,727.10 433,316.32 277,553.40 6,951.91 67,027.09 130,686.31 18,589.53

9,370.02 25,994.83 20,550.19 16,935.34 65,126.57 118,324.10 30,836.90 65,655.20

315,985.77 293,099.23 164,724.69 289,260.51 397,434.29 504,445.25 346,798.11 390,440.58

-320,622.41 -199,718.15 86,518.21 -112,887.17 - - - -

26

- 1,156.60 56.97 58.15 948.23 7,088.07 421.62 806.98

0.86 1.19 0.83 1.88

2,731.10 - - 254.12

207,398.00 1,830,374.00 198,050.00 218,300.00 211,078.18 1,838,619.86 198,529.43 219,421.12

285.05 3,101.41 5,303.23 1,320.08

14,539.32 - 195,756.92 1,780.74

306.05 15.90 - -

111,953.70 1,764,154.00 405,250.00 218,300.00 127,084.12 1,767,271.31 606,310.15 221,400.82

83,994.06 71,348.55 -407,780.72 -1,979.69 - - - -

- 0.05 317,929.65 13,616.58

- 0.05 - 85.00

107,967.45 431,172.30 247,365.01 104,359.28 49,550.00 - 43,868.00 -

- 21,165.05 29,360.00 7,500.00 157,517.45 452,337.40 638,522.66 125,475.86

9,781.70 265,594.09 200,680.23 12,800.00 1,056.39 21,055.81 8,404.77 5,402.08 - - - -

1,104.27 9,287.92 52,051.90 3,659.43 - - - -

11,942.36 295,937.83 261,136.91 21,861.51 145,575.09 156,399.57 377,385.75 103,614.36

9.49 71.67 -66.04 -3,429.54 -91,043.78 28,101.63 56,057.20 -14,682.05 127,094.07 98,992.43 42,935.24 57,617.29 36,050.29 127,094.07 98,992.43 42,935.24

2013 12 31 2014 12 31 2015 12 31 2016

3 31 2013 2014 2015 2016

1-3

27

2016 3 31 2015 12 31 2014 12 31 2013 12 31

510,752.67 532,577.65 364,253.36 271,139.88

- - - -

- - - - 362,083.99 315,125.34 208,243.99 150,607.28 9,279.87 7,597.33 3,852.10 6,187.36 - - - - - - - - 726,364.58 120,949.06 72,318.78 30,353.45 3,828.11 14,924.94 8,259.65 5,235.45 - - - -

- - - -

42,064.55 136,116.84 219,282.44 348.50 1,646,713.22 1,127,291.16 876,210.31 463,871.92

- - - - - - - - - - - - - - 262,870.26 247,532.21 237,511.27 46,455.31 - - - - 5,049.43 4,727.04 3,869.32 2,194.14 - - - - - - - - - - - - - - - - - - - - 1,481.64 917.22 1,037.86 1,500.35 244.54 127.95 1,150.00 - - - - - 1,374.83 1,489.35 1,013.59 1,229.16 2,108.80 3,204.26 2,296.27 2,079.62 - - - - 272,558.26 257,998.03 246,878.32 53,458.58 1,919,271.48 1,385,289.18 1,123,088.63 517,330.50

-

28

52,342.80 49,075.36 140,000.00 85,262.28

- - - -

- - 10,000.00 - 29,773.18 27,188.48 25,004.90 23,377.79 3,081.56 2,193.82 501.15 - 334.46 328.72 278.77 288.53 2,252.74 6,430.44 31,598.94 1,790.01 9,156.72 4,101.32 1,542.65 1,061.67 26,957.28 26,957.28 27,069.71 27,069.71 561,463.65 202,280.62 100,076.46 19,892.40 - - -

21,000.00 21,000.00 - 21,000.00

200,000.00 100,000.00 - - 906,362.39 439,556.03 336,072.59 179,742.40

- - - - - - - - 49,587.50 - 43,884.50 - 1,500.00 1,500.00 3,500.00 2,000.00 - - - - - - - - - - - - 5,826.90 5,756.90 5,433.24 8,338.41 2,431.49 2,388.20 - 628.39 140,000.00 140,000.00 - - 199,345.89 149,645.10 52,817.74 10,966.80 1,105,708.28 589,201.14 388,890.33 190,709.20 226,723.55 226,723.55 226,723.55 200,000.00 408,734.29 408,734.29 408,734.29 9,665.03 - - - - - - - - - - - - 16,951.78 16,951.78 9,874.05 11,902.77 161,153.59 143,678.43 88,866.41 105,053.49 813,563.20 796,088.05 734,198.29 326,621.30 1,919,271.48 1,385,289.18 1,123,088.63 517,330.50

29

2016 1-3 2015 2014 2013 51,350.41 115,849.59 134,504.91 19,009.99

14,296.02 4,600.47 1,224.94 4,247.75 830.79 2,251.33 2,706.06 195.62 2,767.56 30,529.89 4,688.48 11,757.40 7,331.77 30,847.15 26,931.83 15,173.00 7,464.64 5,831.81 3,130.75 1,664.57 8.55 45.09 -3,216.48 3,257.78 (“

- - - -

( “

838.81 11,332.04 -4,298.25 354.94

- 4,660.55 -4,694.04 -31.75

( “

19,489.90 53,075.90 94,741.08 -16,931.19

3,717.40 30,270.61 4,240.64 17,547.27

- 0.36 - -

- 15.11 7.24 36.97

- 10.29 7.24 27.95

( “

23,207.30 83,331.39 98,974.48 579.11

5,732.14 12,554.08 9,327.13 903.95 ( “ 17,475.16 70,777.31 89,647.35 -324.84

17,475.16 70,777.31 89,647.35 -324.84 - - - -

- - - -

- - - -

- - - -

- - - -

- - - -

- - - -

- - - -

17,475.16 70,777.31 89,647.35 -324.84

30

17,475.16 70,777.31 89,647.35 -324.84

- - - -

2016 1-3 2015 2014 2013

20,430.42 30,652.66 103,770.96 63,702.68

3,676.58 30,095.38 1,624.59 15,824.69

66,358.20 205,341.20 112,749.98 12,954.37

90,465.20 266,089.24 218,145.53 92,481.73

5,402.82 33.98 3,485.38 4,209.39

5,897.20 14,757.40 11,872.59 9,512.52

45,072.83 56,482.43 6,515.41 35,903.51

283,181.72 371,450.27 84,654.07 147,018.75

339,554.57 442,724.08 106,527.45 196,644.17

-249,089.38 -176,634.84 111,618.08 -104,162.44

- - - - - - 891.16 6,671.49 395.79 386.69

- - 0.15 1.59

0.86 - - -

194,498.00 1,810,274.00 177,150.00 206,500.00

195,390.01 1,816,945.49 177,545.95 206,888.28

242.23 2,611.38 3,062.21 1,002.75

15,659.32 5,360.39 195,780.00 14,661.52

- - - -

103,003.70 1,738,804.00 386,400.00 206,500.00

31

118,905.25 1,746,775.77 585,242.20 222,164.27

76,484.77 70,169.72 -407,696.26 -15,275.99

- - - - 317,929.65 13,531.58

- - - -

8,267.45 378,553.36 226,200.00 95,062.28 149,250.00 - 43,868.00 -

- 21,165.05 29,200.00 7,500.00

157,517.45 399,718.40 617,197.65 116,093.86

5,689.27 254,000.00 191,462.28 12,800.00

633.55 20,556.62 8,034.53 5,402.08

- - - -

415.00 7,596.68 49,840.41 3,659.43

- - - -

6,737.82 282,153.30 249,337.22 21,861.51

150,779.62 117,565.10 367,860.43 94,232.36

- 18.76 -5.74 -7.01

-21,824.98 11,118.75 71,776.52 -25,213.09

532,577.65 95,789.93 24,013.42 49,226.51

510,752.67 106,908.68 95,789.93 24,013.42

2016 3 31 2015 12 31 2014 12 31 2013 12 31 32.53% 27.63% 25.22% 28.76%

3.98 4.58 3.88 3.52 3.82 4.42 3.74 3.37

32

2015 2014 2013 1.12 1.62 2.00

0.79 0.73 0.61 0.23 0.32 0.37

22.20% 30.06% 47.81% 19.09 25.34 43.00

1 = /

2 = /

3 = /

4 = /

5 = /

6 = /

7 = /

8 = + /

33

1 2016 8 8

2

2017 2021 8 8

1 3

3 2019 8 8

3

4

2013 2014 2015 2016 1-3

235,841.13 310,657.57 341,867.73 109,487.26

171,264.16 214,149.95 239,061.20

57,043.61

277,553.40 433,316.32 304,727.10 76,811.87

34

100% 70%

2015 12 31 143.25

74.60 40.58 3.12 1.71

35

“

”

36

“

”

1

2

3

4

5

6

7

8

9

10

11

37

12

13

14

15

16

17

18

1

2

3 /

4 1 3

30%

38

5

6

7

8

1

1 2

3 4

2

3

39

40

1

1

2

3

41

42

43

20

10

10 8

2

2015

2016 3 31

10

44

32.53% 33.24%

45

1

2

3

4

5

6

7

8

9

10

11

46

8 7

8 7

010-62802251

010-62802299

100193

618

168 29

021-38677394

021-38677194

200120

2 B 2

2 B 2

010-65608390

010-65608445

47

26 7

26 7

010-88004488

010-66090016

100005

22

22

010-85665282

010-85665120

100020

26 A 29

26 A 29

010-51087768

010-84583355

100125

248

48

8 C 5

010-50961899

010-50961822

100033

528

021-68808888

021-68804868

200120

166 3

166 3

021-38874800

021-58754185

200120

49

2013 2015

2016 1-3